#BTCBackto100K Bitcoin has surpassed the threshold of 100,000 dollars for the first time since February, reaching an intraday high of 101,515 dollars on May 8, 2025. Currently, the price is around 103,431 dollars, marking an increase of 6.63% compared to the previous day.

The rally has been fueled by several factors:

US-UK trade agreement: The announcement of a broad agreement between the United States and the United Kingdom has improved investor sentiment, contributing to the rise in Bitcoin's price.

Institutional inflows: In the last three weeks, inflows into digital asset funds have reached 5.5 billion dollars, with 1.8 billion allocated to Bitcoin-related products.

State adoption: States like Arizona and New Hampshire have introduced state reserves in Bitcoin, signaling growing institutional interest in the cryptocurrency.

Despite the enthusiasm, analysts warn that Bitcoin remains a highly volatile asset. Breaking through the technical resistance between 101,500 and 106,500 dollars could pave the way for new highs, while a drop below 93,780 dollars could indicate a correction towards 80,000 dollars.

With the current price, Bitcoin is nearing its all-time high of 109,225 dollars recorded in January 2025, and some analysts predict a possible reach of 120,000 dollars in the second quarter of the year.